Kahan Packaging Ltd

Kahan Packaging Ltd

₹ 85.0 3.66%
02 May 4:01 p.m.
About

Incorporated in 2016, Kahan Packaging Limited provides bulk packaging solutions to business-to-business ("B2B") manufacturers[1]

Key Points

Product Profile[1] Kahan Packaging manufactures and supplies Polypropylene (PP)/ High-Density Polyethylene (HDPE) Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- Unlaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors

  • Market Cap 23.1 Cr.
  • Current Price 85.0
  • High / Low 176 / 65.0
  • Stock P/E 22.4
  • Book Value 31.2
  • Dividend Yield 0.00 %
  • ROCE 22.9 %
  • ROE 84.8 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 54.2%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Working capital days have increased from 61.5 days to 90.6 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Packaging Industry: Packaging

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Sep 2023
10.70 12.17
10.03 10.98
Operating Profit 0.67 1.19
OPM % 6.26% 9.78%
0.00 0.02
Interest 0.23 0.32
Depreciation 0.11 0.15
Profit before tax 0.33 0.74
Tax % 21.21% 25.68%
0.26 0.55
EPS in Rs 5.20 2.02
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
13.57 12.12 15.88 17.52
12.93 11.35 14.96 15.46
Operating Profit 0.64 0.77 0.92 2.06
OPM % 4.72% 6.35% 5.79% 11.76%
0.01 0.01 0.03 0.04
Interest 0.44 0.50 0.51 0.57
Depreciation 0.07 0.21 0.20 0.23
Profit before tax 0.14 0.07 0.24 1.30
Tax % 85.71% 85.71% 20.83% 20.77%
0.01 0.02 0.20 1.03
EPS in Rs 0.20 0.40 4.00 10.30
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 9%
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 369%
TTM: 415%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 54%
Last Year: 85%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.50 0.50 0.50 1.00 2.72
Reserves -0.02 0.00 0.20 0.73 5.78
4.91 4.42 6.16 7.74 6.23
5.08 4.06 2.89 5.02 5.11
Total Liabilities 10.47 8.98 9.75 14.49 19.84
4.15 3.98 3.79 4.81 4.66
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.14 0.14 0.15 0.32 0.32
6.18 4.86 5.81 9.36 14.86
Total Assets 10.47 8.98 9.75 14.49 19.84

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.39 0.94 -1.25 0.54
-1.04 -0.13 -0.02 -1.56
1.51 -0.99 1.25 1.01
Net Cash Flow 0.08 -0.18 -0.01 0.00

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 93.87 70.77 68.27 69.58
Inventory Days 75.14 89.59 75.75 149.14
Days Payable 157.40 141.94 74.89 124.75
Cash Conversion Cycle 11.61 18.42 69.13 93.97
Working Capital Days 26.90 24.69 69.18 90.62
ROCE % 11.06% 12.73% 22.90%

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024
73.49% 73.49%
26.52% 26.51%
No. of Shareholders 277306

Documents